Code of Alabama Title 27, Chapter 2a - Disclosure of Material Transactions
- Section 27-2a-1 - Short Title.
This chapter shall be known as the Alabama Disclosure of Material Transactions Act. (Acts 1996, No. 96-784, p. 1426, §2.)
- Section 27-2a-2 - Report of Material Acquisitions and Dispositions; Confidential Treatment.
(a) Every insurer domiciled in this state shall file a report with the commissioner disclosing material acquisitions and dispositions of assets or material nonrenewals, cancellations,...
- Section 27-2a-3 - Materiality; Scope; Information to Be Reported.
(a) Materiality. No acquisitions or dispositions of assets need be reported, pursuant to Section 27-2A-2, if the acquisitions or dispositions are not material. For purposes...
- Section 27-2a-4 - Nonrenewals, Cancellations, or Revisions of Ceded Reinsurance Agreements.
(a) Materiality and scope. (1) No nonrenewals, cancellations, or revisions of ceded reinsurance agreements need be reported pursuant to Section 27-2A-2 if the nonrenewals, cancellations,...
Last modified: November 15, 2016